Cebenoyan, Fatma; Cebenoyan, A. Sinan; Cooperman, … - In: Multinational Finance Journal 9 (2005) 1-2, pp. 23-42
This paper uses a two-step methodology to examine the relationship between managerial cost inefficiency and the takeover of U.S. thrifts during a period of market liberalization and widespread takeover activity, 1994 to 2000. In the first stage using stochastic cost frontiers, controllable...